Robert I. Herzog, Stockbroker, 89

Published: May 12, 1990

Robert I. Herzog, a retired stockbroker, died of pneumonia on April 27 at the Joseph Morse Geriatric Center in West Palm Beach, Fla. He was 89 years old and lived in West Palm Beach.

Mr. Herzog was in the brokerage business for 50 years, having established the firm of Parmer, Herzog & Chadwick in 1926 as a bond trading and brokerage company. The company suffered severe losses in the stock market crash of 1929 but stayed in business by trading in foreign bonds. Over the years, the firm evolved into Herzog Heine Geduld Inc., a member of the New York Stock Exchange. Mr. Herzog retired in 1976. He is survived by two sons, John, of Brooklyn, and Milton, of Valley Stream, L.I.; two sisters, Lily Gorog of West Palm Beach, and Elizabeth Rona of Manhattan; four grandchildren, and one great-granddaughter.